U.K. Banks Undervalued based on future growth

Halyk Bank of Kazakhstan

Market Cap: US$6.6b

Provides corporate and retail banking services primarily in the Republic of Kazakhstan, Kyrgyzstan, Georgia, and Uzbekistan.

TBC Bank Group

Market Cap: UK£2.5b

Through its subsidiaries, provides banking, leasing, insurance, brokerage, and card processing services to corporate and individual customers in Georgia, Azerbaijan, and Uzbekistan.

Metro Bank Holdings

Market Cap: UK£635.3m

Operates as the bank holding company for Metro Bank PLC that provides business, commercial, retail and private banking services in the United Kingdom.

Secure Trust Bank

Market Cap: UK£111.0m

Provides banking and financial products and services in the United Kingdom.